[416] How Uber’s 40% Rate Reduction is Killing Uber. In Lagos!
Okwukwe C. Chukwuka
31

The Uber’s fare rate reduction was just Uber trying to adjust to competition from Taxify.

Now, they tried playing smart by reducing the fare rate at the detriment of drivers, though it reduces Uber’s cut a little, the negative effect is more felt by the drivers. Selfish I must say.